Are there any laws governing the use of tenants' security deposits for repairs?
Yes, North Carolina does have laws governing the use of tenants’ security deposits for repairs. According to the North Carolina Landlord Tenant Act, a landlord may not use a tenant’s security deposit to pay for repairs that are due to normal wear and tear, which are the changes to a property that result from ordinary or expected use. Landlords are also required to make a written and itemized list of deductions taken from a tenant’s security deposit within 30 days of the tenant’s lease termination. This list must include a description of the damages for which deductions were taken and the estimated cost of repairs. If the landlord does not provide this list within the 30-day period, the tenant must be fully reimbursed for their security deposit. The Landlord Tenant Act also requires that landlords return a tenant’s security deposit as soon as possible after the tenant moves out, or within 30 days, whichever comes first. If the landlord makes a deduction from the security deposit, the landlord must mail or deliver a statement of account within the 30-day period along with the amount of deposit due to the tenant. Overall, North Carolina Landlord and Tenant Law provides specific rules and regulations regarding the use of tenants’ security deposits for repairs. These rules are designed to protect tenants’ rights and make it clear what the landlord can and cannot do when it comes to using tenants’ security deposits.
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